Friday, May 8, 2009

Table A-12. Alternative measures of labor underutilization

Table A-12. Alternative measures of labor underutilization
U3 hits 8.9%, looks like we cross the 9% by next month. Unless we start to see a slow down we are only 4 months from 10%.
Good News U6 slowed it rate of climb. But it still at 15.8.
Other bad news is growth is all public sector. So we are losing tax payers and gain tax supported jobs.

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